Telewest, which announced that it is rebranding to Telewest Broadband to consolidate its position in the UK broadband sector (see Telewest Announces Rebrand), was the best performer in yesterday’s media market, with shares jumping 11.80% to close at 49žp.WPP saw shares rise 9˝p to close at £6.65 as company continues with attempts to get out… Continue reading Sharewatch
BSkyB, which released its third quarter results on Friday showing a 24% increase in revenues and net subscriber growth of 190,000 (see Sky Reports Revenue Increases), saw stock rise 0.51% in week on week analysis. Shares closed at £7.94, an increase of 4p on the previous week.Telewest, which has rebranded as Telewest Broadband (see Telewest… Continue reading Sharewatch
The Government has reportedly shelved plans to pay for millions of people to switch to digital TV fuelling speculation that the current 2006-2010 deadline for the digital switchover will not be met.A report in today’s Financial Times claims that a scheme enabling millions of UK households to go digital was abandoned by the Government last… Continue reading Digital Deadline May Be Threatened
Telewest and its regional subsidiaries are rebranding as Telewest Broadband in a move intended to strengthen the company’s position in the UK broadband market.The rebranding includes Yorkshire Cable, Cable London and Cable Birmingham, which will be united under a new corporate logo designed to represent Telewest’s combined telephone, internet and broadband services.Managing director of Telewest’s… Continue reading Telewest Announces Rebrand
RAJAR has announced the extension of its contract with research contractor Ipsos-RSL for a further two years from January 1, 2003, and revealed progress in its plans for an electronic data collection method.Jane O’Hara, managing director of RAJAR, which released third quarter radio listening figures last month (see BBC Retains Lead In RAJAR Results), explained:… Continue reading RAJAR Renews Ipsos-RSL Contract
The Government has reportedly shelved plans to pay for millions of people to switch to digital TV, fuelling speculation that the current 2006-2010 deadline for the switchover will not be met. A report in today’s Financial Times claims that a scheme enabling millions of UK households to go digital was abandoned by the Government last… Continue reading Digital Deadline Thought ‘Optimistic’, Says FT
The Advertising Association has backed proposals to deregulate the advertising of gambling products. The recommendation to lift the remaining bans and restrictions on advertising gambling products and premises formed part of the Gambling Review Report, published by the Gambling Review Body. However, the AA has voiced its opposition to the proposal that advertising regulation for… Continue reading AA Backs Gambling Ad Deregulation
Reuters reports that following the 11 September attacks in the US, the major TV networks there – ABC, CBS and NBC – lost a combined $880 million in advertising revenue for the third quarter. This represents a 28.6% decline on Q3 2000. The figures, which come from the Broadcast Cable Financial Management Association, represent the… Continue reading US TV Networks Lose Record $880m In Q3 Ad Revenue
The Wireless Group (TWG) is to finance the repayment of its remaining bank debt through the sale of Wave 105 FM to Scottish Radio Holdings (SRH) for £18.0 million. Following the disposal, TWG will be left with a cash balance of £1 million.The move follows the £25.5 million sale of Scot FM to the Guardian… Continue reading Wireless Offloads Wave 105 In Debt Clearance
The Wireless Group (TWG) is to finance the repayment of its remaining bank debt through the sale of Wave 105 FM to Scottish Radio Holdings (SRH) for £18.0 million. Following the disposal, TWG will be left with a cash balance of £1 million. The move follows the £25.5 million sale of Scot FM to the… Continue reading Wireless Group Offloads Wave 105 To Scottish Radio In Debt Clearance
